Investing in tech while fostering company culture
Ed Lascelles, Partner at AlbionVC chats to Maddyness, a magazine for entrepreneurs, about investing in tech, the importance of company culture, emerging trends and implications of the global pandemic.
How has COVID-19 changed the way you operate?
We’ve learnt to communicate effectively via Zoom and Teams, still working on our email humour.
Our investment strategy focused on B2B software at the application layer has been solidified during the pandemic. Business software has truly entered the age of mission critical- a must have not just a nice to have. We still see a lot of opportunity for innovation and growth in the space.
What does the future look like? New trends/technologies, changes in the global/local economic landscape?
In the future every company will be technology company at the core, fintech will just be finance and healthtech just healthcare. But with AI now breaking the mainstream it looks like crypto is getting to a stage of maturity where we will see mainstream applications emerge soon.
What makes AlbionVC different?
At AlbionVC we are experienced investors with a proven track record who will be there for you for the good, the bad and the ugly. We look to build long-term trusted relationships with founders that go beyond reporting and numbers. At the same time we are mindful that it is your company and vision, so we wont take over.
In a rally car we are the navigator holding the map not the driver!
Since 2016 AlbionVC has managed UCL Technology Fund in collaboration with UCL Business, fund dedicated to commercialisation opportunities arising from UCL’s world-class research base, focusing in particular on the physical and life sciences. To date the fund has had 3 Nasdaq IPOs and one exit, and continues to invest at the cutting edge of academia, science and business.
Read the full interview on Maddyness